Financial advisory regarding desalination plants promotion in Israel
Providing financial advisory services to the Israeli government regarding the country’s desalination plants
Israel was trying to solve its water crisis by establishing several desalination facilities along its shoreline with a combined capacity of 450 MCM/year. TASC was asked to provide financial advisory services related to the plan.
- Process: TASC analyzed the economic and financial aspects of major desalination projects that were to be promoted in Israel (Ashkelon, Palmachim, Hadera and Soreq) with an annual capacity of ~450 MCM/year. Among other things, TASC designed the risk-sharing mechanism, the payment structure for the contractor, and evaluated economic bids.
- Strategic solution & impact: TASC was involved in the successful financial close and finalization of contracts between Israel and the preferred bidders. Four major desalination facilities have been constructed in Israel making a major contribution to solving the country’s water-shortage crisis.
For more information: Salco Kleerekoper, Salco.Kleerekoper@tasc-consulting.com